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Binomial Distribution
A probability distribution that describes the outcome of a fixed number of trials in experiments that have two possible outcomes (success or failure) and a constant probability of success.
Random Sample
A sample drawn in such a way that each member of the population has an equal chance of being selected.
Female Customers
A specific segment of the market made up of women or those identifying as female who purchase goods or services.
Standard Deviation
Standard deviation is a measure of the dispersion or spread of a set of numbers, indicating how much individual numbers in a dataset deviate from the mean or average.
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